(1)
Divisions
(B)(2) to (5) of this section apply to a payment order identifying an
intermediary bank or the beneficiary's bank both by name and an identifying
number if the name and number identify different persons.

(2)
If the sender is a bank, the receiving bank may
rely on the number as the proper identification of the intermediary or
beneficiary's bank if the receiving bank, when it executes the sender's order,
does not know that the name and number identify different persons. The
receiving bank need not determine whether the name and number refer to the same
person or whether the number refers to a bank. The sender shall compensate the
receiving bank for any loss and expenses incurred by the receiving bank as a
result of its reliance on the number in executing or attempting to execute the
order.

(3)
If the sender is not a
bank, and the receiving bank proves that the sender, before the payment order
was accepted, had notice that the receiving bank might rely on the number as
the proper identification of the intermediary or beneficiary's bank even if it
identifies a person different from the bank identified by name, the rights and
obligations of the sender and the receiving bank are governed by division
(B)(2) of this section, as though the sender were a bank. Proof of notice may
be made by any admissible evidence. The receiving bank satisfies the burden of
proof it it proves that the sender, before the payment order was accepted,
signed a writing stating the information to which the notice relates.

(4)
Regardless of whether the
sender is a bank, the receiving bank may rely on the name as the proper
identification of the intermediary or beneficiary's bank if the receiving bank,
at the time it executes the sender's order, does not know that the name and
number identify different persons. The receiving bank need not determine
whether the name and number refer to the same person.

(5)
If the receiving bank knows that the name and
number identify different persons, reliance on either the name or the number in
executing the sender's payment order is a breach of the obligation as provided
in division (A)(1) of section
1304.69 of the Revised Code.